Embraer S.A. (NYSE:ERJ - Free Report) - Stock analysts at Zacks Research decreased their Q2 2026 earnings estimates for shares of Embraer in a research report issued to clients and investors on Tuesday, October 22nd. Zacks Research analyst R. Department now forecasts that the aerospace company will earn $0.79 per share for the quarter, down from their previous estimate of $0.80. The consensus estimate for Embraer's current full-year earnings is $1.60 per share.
ERJ has been the subject of several other research reports. UBS Group lifted their target price on shares of Embraer from $28.50 to $29.00 and gave the company a "neutral" rating in a report on Wednesday, July 3rd. StockNews.com downgraded shares of Embraer from a "buy" rating to a "hold" rating in a report on Tuesday, July 23rd. Bank of America reiterated a "buy" rating and issued a $40.00 target price on shares of Embraer in a report on Tuesday, September 17th. Finally, TD Cowen upgraded shares of Embraer from a "hold" rating to a "buy" rating and lifted their target price for the company from $26.00 to $41.00 in a report on Wednesday, September 4th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Embraer has a consensus rating of "Moderate Buy" and a consensus price target of $34.86.
Check Out Our Latest Research Report on Embraer
Embraer Trading Down 0.1 %
Shares of Embraer stock traded down $0.05 during mid-day trading on Friday, hitting $34.87. The stock had a trading volume of 1,015,171 shares, compared to its average volume of 1,632,395. The firm has a 50-day moving average of $34.28 and a two-hundred day moving average of $30.09. Embraer has a 12-month low of $13.56 and a 12-month high of $37.30. The company has a quick ratio of 0.66, a current ratio of 1.50 and a debt-to-equity ratio of 0.81. The firm has a market cap of $6.40 billion, a P/E ratio of 24.21 and a beta of 1.69.
Embraer (NYSE:ERJ - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The aerospace company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.20. Embraer had a net margin of 6.76% and a return on equity of 5.94%. The business had revenue of $1.49 billion during the quarter, compared to analysts' expectations of $1.44 billion. During the same quarter in the prior year, the company posted $0.32 EPS. The business's revenue for the quarter was up 15.6% on a year-over-year basis.
Hedge Funds Weigh In On Embraer
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ERJ. Artemis Investment Management LLP purchased a new stake in shares of Embraer during the 3rd quarter worth $30,358,000. Driehaus Capital Management LLC lifted its position in shares of Embraer by 102.5% during the 2nd quarter. Driehaus Capital Management LLC now owns 1,439,579 shares of the aerospace company's stock worth $37,141,000 after purchasing an additional 728,592 shares during the last quarter. Nicholas Investment Partners LP lifted its position in shares of Embraer by 424.7% during the 2nd quarter. Nicholas Investment Partners LP now owns 526,494 shares of the aerospace company's stock worth $13,584,000 after purchasing an additional 426,153 shares during the last quarter. TimesSquare Capital Management LLC purchased a new stake in shares of Embraer during the 1st quarter worth $10,754,000. Finally, Jennison Associates LLC purchased a new stake in Embraer in the first quarter valued at $9,818,000. Hedge funds and other institutional investors own 34.65% of the company's stock.
About Embraer
(
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Embraer SA designs, develops, manufactures, and sells aircraft and systems in North America, Latin America, the Asia Pacific, Brazil, Europe, and internationally. The company operates through Commercial Aviation; Defense & Security; Executive Aviation; Services & Support; and Other segments. The Commercial Aviation segment designs, develops, manufactures, and sells commercial jets, as well as leases aircraft.
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